Oil

Wall Street posted modest midday gains on Tuesday, as investors digested the latest developments in President Donald Trump's trade policy agenda. On Monday, the Office of the U.S. Trade Representative (USTR) announced a three-month suspension of the planned 25% Section 301 tariffs on Chinese...

In a corporate cage match, two of the globe’s most dominant oil titans are fighting it out for a share of one of the world’s most coveted oil finds: Guyana. But while Chevron Corp (NYSE:CVX) and Exxon Mobil Corp (NYSE:XOM) are in the midst of arbitration, ETF investors may need to hold...

Paul Singer isn't tiptoeing into the energy sector, he's charging in at full throttle. In the first quarter of 2025, Elliott Investment Management hiked its energy sector exposure from 23.84% to a commanding 37.64%, making it the firm's largest allocation. Phillips 66, Suncor: Singer’s...

Goldman Sachs analyst Neil Mehta upgraded Valero Energy Corp (NYSE:VLO) from Neutral to Buy rating with a price forecast of $154. The analyst believes current consensus expectations better reflect concerns about oil product demand and tighter crude differentials. The analyst estimates EPS to grow...

JPMorgan analyst Arun Jayaram anticipates a neutral market reaction to Occidental Petroleum Corp. (NYSE:OXY) earnings. Jayaram explained in a Thursday research note that positive results, debt reduction, and cost-saving initiatives were partly offset by potential risks to full-year guidance related...

A rebound in oil prices may be closer than many expect, especially if diplomatic efforts between the U.S. and China yield even modest progress, according to Wall Street strategist Ed Yardeni. In a note shared Thursday, Yardeni said a potential turning point for crude could emerge from the...

West Texas Intermediate crude prices rebounded sharply on Tuesday, surging more than 3.6% to $59.10 per barrel by 10:00 a.m. ET, as escalating geopolitical tensions in the Middle East rattled energy markets. The rally came after Israeli fighter jets launched a wave of airstrikes in Yemen, targeting...

RBC Capital Markets analyst Biraj Borkhataria reiterated the Outperform rating on Shell PLC (NYSE:SHEL) following Friday’s first-quarter results. The company reported revenue of $69.234 billion, which missed the consensus of $79.13 billion. Adjusted earnings per ADS of $1.84 exceeded the...

Chevron Corp (NYSE:CVX) and Exxon Mobil Corp (NYSE:XOM) are gearing up to report first-quarter earnings on Friday morning – and let's just say neither has been lighting up the charts lately. With both stocks stuck in the red this year and crude oil prices trading sideways, investors are...

Crude oil's decline shows no signs of ending, with prices sinking more than 2% below $57 per barrel on Thursday morning as markets brace for a potential OPEC+ supply hike and rising signs of economic stress across major economies. West Texas Intermediate crude futures – as closely represented by...

Wall Street traded lower on the final session of the month, heading for its third consecutive monthly loss as economic data began reflecting the impact of Trump tariffs. U.S. GDP shrank by 0.3% in the last quarter, marking the first economic contraction since 2022 and missing forecasts for a 0.4%...

So much for “drill, baby, drill.” The energy sector is drilling all right – straight into red territory. Down a bruising 11.47% over the past month, Energy, as tracked by the SPDR Energy Select ETF (NYSE:XLE), has officially become the worst-performing sector in the S&P 500....

Transocean, Ltd. (NYSE:RIG) released its first-quarter results after Monday's closing bell. Here's a look at the details from the report.  The Details: Transocean reported first-quarter losses of 10 cents per share, which missed the analyst consensus estimate for losses of nine cents. Quarterly...

West Texas Intermediate (WTI) crude oil has been struggling lately, breaking below critical support levels, and experts are taking notice. According to Adam Turnquist, chief technical strategist for LPL Financial, "Oil has struggled recently as tariff-related demand concerns weigh on risk appetite...

Shell PLC (NYSE:SHEL) shares fell marginally Wednesday amid an 11.5% slide in April. The company is navigating geopolitical and regulatory challenges as global energy flows and U.S. policy shifts have reshaped the sector in recent weeks. What To Know: In China, once a growing destination for U.S....